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Cryptocurrency Analytics from FXOpen. 23/07/2015

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andref

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Location: in sistem

Both Namecoin and Peercoin traded flat this week. After their respective rallies ended, volatility has plummeted, with the 7-day ATR dropping six-fold in PPC/USD and nine-fold in NMC/USD.

Peercoin Trades Flat After Rally Ends

Peercoin is trading flat after its rally ended. For the past seven days since our last PPC update, prices moved in a range between $0.48 and $0.556. While this congestion area is relatively large in percentage terms (12%), it’s much smaller compared to the daily ranges seen in early July. For example, the 14-day Average True Range, a common measure of volatility, has declined over 30 percent, from $0.133 to $0.099 today. A shorter ATR of 7-days shows a much sharper six-fold contraction from a high of 19 cents to only 2.9 cents today.

Read More https://blog.fxopen.com/namecoin-peercoin-flat-after-rallies-end/

Posted on July 23, 2015 at 6:59 AM
Last Edited: July 23, 2015 at 7:03 AM

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• andref

  

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  Posts: 2708
  Location: in sistem

  PS - I have news

  " After a quick summer break, ForexCup is back with the fifth round of its trading tournament. Next “Forex Finals” tour starts on August 3.

  The general overview

  Forex Finals is the trading competition on Live Accounts. The tournaments includes six tours; each round is 4-week long. The participants can apply any trading strategy, including scalping and autotrading. Expert Advisors and locking are permitted. The participants who increase the start-up deposit by 20+ percent get to the leaderboard. Five leaders of the round get prizes (see below the list). The Top-10 receives competition points. At the end of the tournament, we will tally the points and determine the winner. The Ultimate Champion will get the main prize – PAMM ECN with USD5000 deposit.

  Read More https://forum.forexcup.com/showthread.php/109357-Forex-Finals-Tour-V-Calls-for-Talented-PAMM-Manager?p=2160567#post2160567

  Posted on July 23, 2015 at 7:02 AM
  Last Edited: July 23, 2015 at 7:03 AM
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